making health americans metrics an integral part of ... · starbucks spends more on employee health...
TRANSCRIPT
THE PROBLEM
RECOMMENDATION 4
MAKING HEALTH METRICS AN INTEGRAL PART OF CORPORATE
REPORTINGGetting companies to report on employee and organizational health
alongside sustainability metrics and financial results will reposition health as an investment and help build a culture of health.
of chief financial officers cited healthcare costs as their main financial concern.
Vitality Institute Recommendations, 2014
of high-performing companies have health programs.
%
%
60
$2.7
75%
trillionwas spent on healthcare in the US in 2011. That’s 17.9% of GDP (more than any of our OECD peer countries).
Starbucks spends more on employee health benefits than on coffee.
Invest in Prevention Science
1StrengthenLeadership
2Create Marketsfor Health
3Promote Cross-SectorCollaboration
5
Make HealthMeasureable
4
$1 spent on health promotion and disease prevention
$ $2—4decrease in medical costs.
ROI
155 millionworking-ageAmericans
$217-$303 billion savings possible by 2023 via healthpromotion
Employees aged 24-54 spend 40% of their time at work
THE SOLUTION
86% of large US companies produced corporate sustainability reports in 2013
The Dow Jones Sustainability Index is leading to a greater
focus on good governance and environmental issues.
To reposition health as an investment and help build a culture of health.
Find out more about the pledge to integrate health metrics by 2020: [email protected]
Read more about the Institute and its other Recommendations: www.theVitalityInstitute.org
reduction in workplace fatalities, occupationalinjuries and illnesses over
the last 40 years due to OSH reporting.
of Fortune 500 companies
mention health insurance in their 10-Ks, but there is no formal reporting on health beyond occupational safety and health (OSH).
80%
65
THE GOAL